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Keith and Dena Diem have personal property coverage with a $250 limit on currency, a $1,000 limit on jewelry, and a $2,500 limit on gold,

Keith and Dena Diem have personal property coverage with a $250 limit on currency, a $1,000 limit on jewelry, and a $2,500 limit on gold, silver, and pewter. They do not have a personal property floater. If

$872

cash,

$2,469

of jewelry, and

$2,195

of pewterware were stolen from their home, what amount of loss would be covered by their homeowner's policy? If the Diems' deductible is

$500,

how much will they receive on their claim?

The amount of loss covered by the Diems' homeowner's policy is

(Round to the nearest dollar.)

Part 2

If the Diems' deductible is

$500,

the amount they will receive on their claim is

(Round to the nearest dollar.)

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